Two Solana-based meme coins, MOODENG and GOAT, posted substantial gains after being added to the Binance Alpha program.

MOODENG gained over 400% in the past week, reaching its highest price since January.

Two Solana-based meme coins, MOODENG and GOAT, have posted substantial gains after being added to the Binance Alpha program.

MOODENG, in particular, has seen its price increase by over 400% over the past week to reach its highest price since January. The digital asset is also up over 60% following the Binance announcement.

On May 11, Binance announced a new batch of Alpha Projects. Among the projects was a token called MOODENG, which is based on a popular Thai hippo mascot. Earlier this year, Buterin expressed interest in the mascot, which later inspired the creation of the MOODENG token.

The token’s attention helped fuel its early growth, but momentum had slowed in recent months. However, recent data shows that the meme coin quickly began gaining steam again after Binance announced it would be adding the token to its Alpha program.

Following the announcement, MOODENG surged 60% to reach $0.20—its highest price since January 2025. At the same time, the meme coin’s market cap rose from less than $140 million to over $180 million within hours of the announcement.

On the other hand, GOAT—which stands for "Generate Optimal Attention," an AI-focused Solana meme coin—has also seen its fortunes drastically improve.

The digital asset was conceived in 2024 by Truth Terminal, a Twitter-based AI chatbot that enjoyed a massive following and interest from the crypto community for its new characteristics at the time.

Since joining Binance Alpha, GOAT’s price climbed from $0.14 to $0.17, marking a 27% gain. Over seven days, its value nearly doubled, with a $100 million increase in market cap.

These token gains have brought renewed attention to Solana’s meme coin scene, which had slowed after controversies such as the LIBRA token incident.

As such, analysts suggest that Binance Alpha’s spotlight has brought credibility back to the space and may usher in a fresh wave of investor activity.

On May 10, Dune Analytics data shows that the Binance-linked platform reached a new high of $428.3 million in daily volume, led by tokens like Polyhedra Network’s ZKJ, BSquared Network’s B2, and SKYAI.

That trend has continued today, with the platform’s trading volume at $279 million. Notably, MOODENG and GOAT have played key roles in driving the platform’s volume today.

Since launching in December 2024, Binance Alpha has enabled early access to promising Web3 projects. CoinMarketCap data shows that over 140 projects are now listed with a cumulative market cap of more than $15 billion.